Tanzania tweaks terms for Ruvuma PSA ahead of production
The Tanzanian government has signed an update to the production-sharing agreement (PSA) for the Ruvuma licence, pledging support for expansion plans.
Scirocco Energy
Scirocco beats out rebel shareholders, sticks to transition strategy
Scirocco Energy has triumphed over shareholders seeking a rethink on the company’s direction and its sale of its Tanzanian asset.
Wentworth strikes for Scirocco’s Ruvuma stake
Wentworth Resources has struck a deal to buy Scirocco Energy’s 25% stake in the Ruvuma licence, for up to $16 million.
Tanzania grants more time for Ruvuma gas plan
Tanzania has extended the Ruvuma production-sharing agreement (PSA) to provide time for development of the area’s gas plans.
Highway to Hydrogen: AREG developing plans for hydrogen network linking Aberdeen to Highlands
Ambitious plans are in the offing that could pave the way for the creation of a hydrogen economy in the north and north-east of Scotland.
ARA pushes back Chikumbi drilling to wait on seismic
ARA Petroleum Tanzania (APT) expects to begin acquiring 3D seismic this quarter.
Scirocco picks up momentum
Scirocco Energy is making progress in its transformation, from Tanzanian gas explorer to low-carbon asset owner, and is picking up “real momentum”, CEO Tom Reynolds has said.
APT plans seismic, drilling in Tanzania
ARA Petroleum Tanzania (APT) has set out a path to first gas at Tanzania’s Ruvuma production-sharing agreement (PSA).
Helium One plans AIM launch in December
Tanzania-focused Helium One aims to land on London’s AIM on December 3 via a reverse takeover of cash shell Attis Oil and Gas.
Scirocco sketches out energy transition shift
Tanzania-focused Solo Oil has become Scirocco Energy, and with the change of name a newfound focus on the energy transition in the European market.
Solo makes North Sea splash
Solo Oil has announced a transformational deal in the Netherlands and is changing its name to Scirocco Energy.